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News

First time buyers

Wet, wet, wet: mortgage approvals sink as weather takes toll

The number of mortgage applications approved by banks fell sharply in June as the UK was hit by the wettest month on record, figures from the British Bankers' Association (BBA) show.

clock 24 July 2012 •

Regulation

McClymont: ten principles to end pension 'rip-offs'

Labour shadow pensions minister Gregg McClymont has set out ten principles he believes will "end rip-offs in private pensions".

clock 24 July 2012 •

Your profession

Adviser confidence in economy lowest for 12 months

Sentiment among UK and European financial advisers has fallen to its lowest level in 12 months, according to a recent global report.

clock 24 July 2012 •

Regulation

Shareholder rallies against Lighthouse concession

A key Lighthouse shareholder has urged others to vote against the group's proposal to delist from AIM, arguing that concessions made in a statement this morning do not make a 'jot of difference' to the situation.

clock 24 July 2012 •

Tax Planning

Adviser wins £260k VAT case against HMRC

Her Majesty's Revenue & Customes (HMRC) is to repay an adviser £259,000 for incorrectly charging VAT on intermediary services.

clock 24 July 2012 •

Regulation

FSA warns PII providers on dodging Arch Cru claims

The Financial Services Authority (FSA) has warned professional indemnity insurance (PII) providers against excluding cover for Arch Cru claims when renewing independent financial advisers' (IFAs') policies.

clock 24 July 2012 •

Managed solutions

Big Interview: A new phase in the ascent of MAM

BIG INTERVIEW

clock 24 July 2012 •

Regulation

FSA fines insurance broker £470k for misappropriating premiums

The Financial Services Authority (FSA) has banned and fined a former commercial insurance broker £471,846 for using clients' money to fund his own business.

clock 24 July 2012 •

Managed solutions

O'Neill: A mixed bag for Chinese and US data

Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.

clock 24 July 2012 •

Your profession

IFA Centre warns against deserting low-value clients

Advisers refusing to serve low value clients are damaging the IFA brand, according to trade body the IFA Centre.

clock 24 July 2012 •
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